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Regionalism and the Rest of the World: The Irrelevance of the Kemp-Wan Theorem

journal contribution
posted on 2023-06-07, 23:48 authored by L. Alan WintersL. Alan Winters
Many commentators purport to use the Kemp-Wan Theorem to discuss the effects of regional integration schemes on non-member countries, and to operationalize the theorem in terms of the share of member countries' imports coming from non-members I show that Kemp and Wan say nothing about changes in non-member welfare and that the latter is more closely related to non-members' imports than to their shares of members' markets I suggest that a new approach to this issue is required

History

Publication status

  • Published

Journal

Oxford Economic Papers

ISSN

0030-7653

Publisher

Oxford University Press

Issue

2

Volume

49

Page range

228-234

Pages

7.0

Department affiliated with

  • Economics Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-02-06

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